The following information is available for ADT Company, which produces special - order security products and uses
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Question:
The following information is available for ADT Company, which produces specialorder security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of of direct labor cost.
Inventories Beginning of period End of Period
Raw materials $ $
Work in process
Finished goods
Cost incurred for the period
Raw materials purchases $
Factory payroll
Factory overhead actual
Indirect materials used
Indirect labor used
Other overhead costs
Recording materials; direct and indirect LO P P
Raw materials purchases for cash.
Direct materials used.
Indirect materials used.
Prepare journal entries for the above transactions for the period.
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